1. I was saving for a house downpayment, so I put most my earnings right into the bank and had already minimized spending
2. They announced layoffs immediately, but then gave us time to finish work and transfer internally. If we couldn't transfer, they would lay us off after 6 weeks. This happened to me as I was a manager of a particular specialty and it was tough to transfer to a job I wanted. Furthermore, everyone around me was cut, so we could all work together and support eachother for 6 weeks.
3. My wife has a full time job so our income was reduced, not eliminated.
4. We had family nearby for any childcare problems, so I could focus on a new job hunt
5. I had friends and network nearby, so I could look for local jobs quickly and efficiently
6. I had a referral from an old co-worker, and that referral turned into my new job, which so far I love.
7. I had insisted on working remote from my hometown area, which has much lower cost of living (which helped with 4, 5), and made our situation much less dire
8. I got a lot of traction from a linkedin post during the 6 weeks job-hunt stage. This is just a function of my coworker network and I'm lucky to have those folks
I feel for those who didn't have these factors. I cannot imagine how difficult it would be to have to navigate visa issues on top of a lack of a local network and reduced / eliminated income. I definitely had home-court advantage in all this.
1. I was saving for a house downpayment, so I put most my earnings right into the bank and had already minimized spending
2. They announced layoffs immediately, but then gave us time to finish work and transfer internally. If we couldn't transfer, they would lay us off after 6 weeks. This happened to me as I was a manager of a particular specialty and it was tough to transfer to a job I wanted. Furthermore, everyone around me was cut, so we could all work together and support eachother for 6 weeks.
3. My wife has a full time job so our income was reduced, not eliminated.
4. We had family nearby for any childcare problems, so I could focus on a new job hunt
5. I had friends and network nearby, so I could look for local jobs quickly and efficiently
6. I had a referral from an old co-worker, and that referral turned into my new job, which so far I love.
7. I had insisted on working remote from my hometown area, which has much lower cost of living (which helped with 4, 5), and made our situation much less dire
8. I got a lot of traction from a linkedin post during the 6 weeks job-hunt stage. This is just a function of my coworker network and I'm lucky to have those folks
I feel for those who didn't have these factors. I cannot imagine how difficult it would be to have to navigate visa issues on top of a lack of a local network and reduced / eliminated income. I definitely had home-court advantage in all this.